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CABARRUS COUNTY <br /> 1792 <br /> BOARD OF COMMISSIONERS <br /> r ' <br /> REGULAR MEETING <br /> O <br /> FEBRUARY 20, 2017 <br /> 6:30 P.M. <br /> AGENDA CATEGORY: <br /> Consent Agenda <br /> SUBJECT: <br /> KCS - Funding Transfer Request for Technology, Furniture and <br /> Equipment for the Kannapolis Middle School Project <br /> BRIEF SUMMARY: <br /> Kannapolis City Schools (KCS) has requested funding for the technology <br /> ($1 ,200,000) and furniture and equipment ($1 ,517,629) for the Kannapolis <br /> Middle School project. The funds were approved by the Commissioners <br /> during the FY17 budget process and have remained in the Capital <br /> Reserve Fund. <br /> REQUESTED ACTION: <br /> Motion to approve the funding transfer for technology ($1 ,200,000) and <br /> furniture and equipment ($1 ,517,629) from the Capital Reserve Fund to <br /> the Construction Debt Capital Project Fund for the Kannapolis Middle <br /> School project and authorize the Finance Director to prepare the <br /> appropriate budget revision and related Capital Project Ordinances. <br /> EXPECTED LENGTH OF PRESENTATION: <br /> SUBMITTED BY: <br /> Susan Fearrington, Finance Director <br /> BUDGET AMENDMENT REQUIRED: <br /> Yes <br /> COUNTY MANAGER'S RECOMMENDATIONS/COMMENTS: <br /> F-7 Page 85 <br />